Enzyme market

Figure 2. Industrial and specialty enzymes market (in millions of US ).

Xencor seeks corporate partnerships for discovering novel proteins for the pharmaceutical industry and proteins with improved traits for the agricultural biotechnology and industrial enzyme markets. 

In order to prove enzyme engineering feasibility, it was important to develop a model system. One of the prime considerations for any model would be the commercial potential of the model. Table I lists the major commercial enzymes and the market size in US dollars (5). The alkaline proteases (subtilisins) are clearly the major single class of enzymes in commercial use today, representing 25% of the total enzyme market of 600 million. The primary use of subtilisins is as additives in laundry detergents to aid in the removal of proteinaceous stains from cloth. 

Schunk, E. (1898) Alkoholische Gahrang ohne Hefezellen. Ber. D. Chem. Ges., 31, 309. Stroh, W.H. (1998) Industrial enzymes market Growth experiences from new products and movement into global market, Genetic Engineering News, March 1, pp. 11 and 38. Sunrner, J.B. and Myrback, K. (1950) In The Enzymes, Vol.l, Part 1, 1-27. 

Stroh, W.H. (1998) Industrial enzymes market Growth experienced from new products and movement into global market. Genetic Engineering News, March 1, pp. 11 and 38. 

The potential for industrial biotech has been broadly recognized and chemical and biotech companies are starting to move into this space and grow their presence. In fact, about five percent of the estimated USD 1.2 trillion total chemical sales already depend on biotech. The global market for bio-based ethanol alone is worth USD 15 billion other basic organic molecules such as citric acid (USD two billion) and lactic acid are produced by fermentation, and so are all but three amino acids (approx. USD four billion) various basic, advanced and active pharmaceutical ingredients produced by the fine chemical industry are worth USD 7.5 billion the attractive enzyme market has reached USD two billion in... 

World War II spurred much advancement in the production of penicillin, particularly the advent of submerged fermentation processes. This new technique was soon adapted to the large-scale production of bacterial proteases. The first modern detergent protease, isolated from Bacillus licheniformis, was introduced in 1962. This enzyme, a particular type of protease called a subtilase, was stable at higher temperatures, had broad substrate specificity and worked well in alkaline conditions. The appearance of this enzyme and others similar to it (i.e., subtilisins) opened up the detergent enzymes market, and by 1969, 50% of the laundry detergent products sold in the United States and Europe contained enzymes. ... 

The world enzyme market is currently valued in the region of US 1.3 billion and is made up of markets such as detergents (37%), textiles (12%), starch (11%), baking (8%), and animal feed (6%). 

From an industrial perspective, the use of carbohydrate-active enzymes as cost effective, selective catalysts of biomass hydrolysis has been growing steadily over the last century (5). In particular, carbohydrases play key roles in the starch processing, animal feed, textile, and pulp and paper industries (5-7) (Table 1). The observation that enzymatic starch processing alone accounted for nearly 10% of the U.S. 1.4 billion enzyme market (1998 values) further underscores the importance of these catalysts (6). The use of (hemi)cellulose-degrading enzymes to saccharify biomass as a precursor to biofuels production and other bioreflnery purposes are of particular contemporary interest in the quest to reduce fossil fuel dependence (5,8,9). 

Figure 13.3 shows the proportion of industrial enzymes sales by sector and Figure 13.4 shows world enzyme market by application sector. 

In Western economies such as the United States, Western Europe, Japan, and Canada the market is relatively stable while developing economies of Asia-Pacific, Eastern Europe, and Africa have growing markets for industrial enzymes. The United States and Europe collectively command a major share of the world industrial enzymes market, whereas Asia-Pacific had 8% compounded annual growth rate in 2008-2012. ... 

Figure 13.4 World enzyme market by application sectors.

Research and Markets. In Report. Indian industrial enzymes market 2011. 

Pitman S. Growth in enzyme market driven by cosmetic demand 2011[Online news. Cosmetics design]. 

---